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Consider making a donation to help needy students.

Thursday, September 3, 2015

Update: A good deed to end 2016.

From time to time, I would blog about how we should try to give back to society.

As I believe in the importance of education and how it would help not just an individual but also his family and future generations to have a better life, I have made yearly donations to NUS University Wide Bursaries.

This year, a significant portion of the money collected from organising "Evenings with AK and friends" and my other public appearances have found their way into the charity fund I am building.

Ultimately, I would still like to set up a foundation to help financially disadvantaged students in future but that is many years in the making. 

In the meantime, I will continue to make donations to causes which I find meaningful.

If you would like to help needy undergraduates as well, you might want to consider making a donation too.

The form can be downloaded here or you could make a donation online with a credit card here.

No amount of donation is too small. 

Every dollar counts.

In fact, I would be more impressed with a $10 donation from a regular office worker than a $50 donation from a successful millionaire business owner, for example. 

I am sure you know what I mean.

So, don't feel shy to make a small donation.

Helping to educate a person is really εŠŸεΎ·ζ— ι‡ (which means "service to mankind and benefits beyond measure").

"The best thing a human being can do is to help another human being know more." - Charlie Munger

Click to enlarge.

Received this in the mail today (31 December 2015):

An unexpected gift. A pleasant surprise.

A new pen for the new year. :)

Related posts:
1. One of the most noble things we can do.
2. Have money must also have a heart.
3. An appeal by AK71 for donations.


Lim Der Shing said...

Try using giveasia to raise under your own cause and then you can lump sum donate to your charity. I did two crowd funding projects and raised over 20k quite quickly. Works well.

AK71 said...

Hi Der Shing,

Thanks but, no, I don't want to do this.

I have been offered individual donations when I told friends and some readers what I have in mind. However, I have rejected them. I don't want to raise funds like this.

By providing value through my public appearances, I collect what I feel are reasonable and well deserved fees and it is my fees that I am donating to charitable causes I believe in.

This way, I feel that I am not taking money for not doing anything.

Lim Der Shing said...

No obligation, just sharing a way that worked for me to leverage network to donate to good causes that I vetted and personally donating. Actually lots of people who read your blog. Some may gain some value. Nothing wrong to ask them if they found your content good to make a donation to a cause you like. That's what I do on my entrepreneurship blog.

Btw, I keep hearing people talk about creating foundation to help a cause, can share what is special about this structure? I always thought easier to just work a vwo that specializes in the cause we like and just support them with time and money? How does creating another entity help things? I mean if a foundation has say 500k seed with commitment to fund further 200k a year until it builds up its own donor pool, I guess it makes sense. But also should not duplicate with what is out there. Any thoughts on this?

AK71 said...

Hi Der Shing,

Yup, I am sure all of us have our own beliefs. Definitely not saying if one method is better than another. It is more a matter of choosing methods we are comfortable with, I feel. :)

As for starting a foundation, I would like for my efforts to have longevity. Having some core assets and using the income generated to help needy students is what I have in mind. I would also like to have much more say in how things are done, who gets the money etc.

I do understand that it is a bit more work but it is what I want to do. Until I do it, I will continue to make donations to charitable causes I believe in and education is a big thing for me.

AK71 said...

Received an unexpected and pleasant surprise. :)

AK71 said...


PK Jan says...
***All proceeds will go into helping needy students for educational needs*** haha.. this time saw fb post early bought tix liao.. can go cannot go also never mind.. after all it's for a good cause πŸ‘πŸ‘πŸ€©

Augustine Lim says...
Got say proceeds go to charity meh?

PK Jan says...
got.. when you click to buy the ticket

Augustine Lim says...
oh. Tks! I go chk it out. I sign up too fast without looking. If really give to charity is really worth it.

Dolce Goh says...
In line with my belief in helping needy students for educational needs πŸ‘

AK says...
Nothing new. I have been doing this for years.

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